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Home > Health, Relationships and Personal development > Self-help, personal development and practical advice > Personal finance > Wills and Probate: ("Which?" Consumer Guides)
Wills and Probate: ("Which?" Consumer Guides)

Wills and Probate: ("Which?" Consumer Guides)


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About the Book

Most people in Britain still don't make wills, with the result that they pass on to their nearest and dearest a major headache that costs money to sort out. They probably leave far more than they intended to the Inland Revenue, and what happens to their property may be very far from what they would have wished. This practical text shows how to make a straightforward will - and advises on those circumstances where professional advice is important. It also goes step-by-step through the processes of sorting out someone else's will, taking into account any changes that will be introduced in the March 1998 Budget.

Table of Contents:
Why you should make a will: DIY or using a solicitor; inheritance tax; lifetime gifts; saving tax. Making a will: choosing executors; guardians; beneficiaries. What to say in a will: examples of wills in different circumstances and explanations, signing the will, where to keep it; alterations and codicils, revocation. Wills in Scotland: legal rights; revocation. Porbate: table of essential steps. The administration of an estate: first formalities; valuation of assests, of house, of shares; pensions, income tax refund; debts; finance for inheritance tax; finalizing the valuation; probate forms, probate fees, at the probate registry, paying inheritance tax, payment by instalments; obtaining the grant; collecting assests and paying creditors; income tax and capital gains tax; distribution according to the will; estate accounts. Distribution on intestacy. In Scotland, confirmation: joint property, confirmation forms, inventory, taking the oath and paying tax; steps if there is no will; small estates and legal rights; transfer of house. Distribution on intestacy in Scotland. Wills and probate in Northern Ireland. Appendices: (Northern Ireland) land registry assent form; (Northern Ireland) land registry registration form.


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Product Details
  • ISBN-13: 9780852027332
  • Publisher: Which? Books
  • Publisher Imprint: Which? Books
  • Edition: Revised edition
  • Series Title: "Which?" Consumer Guides
  • Width: 133 mm
  • ISBN-10: 0852027338
  • Publisher Date: 25 Jun 1998
  • Binding: Paperback
  • Height: 210 mm
  • Weight: 290 gr


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